Housing Bill: “A sweeping bipartisan housing affordability bill President Trump has refused — so far — to sign is set to become law on Friday, provided the president doesn't act. The legislation, called the 21st Century ROAD to Housing Act, aims to improve housing affordability by incentivizing local governments to build more homes by streamlining complex environmental review processes, making it easier for credit unions and banks to issue mortgages, expanding access to modular homes, and restricting large corporate investors from purchasing single-family homes.” (Yahoo! Finance)
Housing Affordability: “Home shoppers hoping for a break in affordability as the spring homebuying season wraps up may be in for another letdown. The war with Iran and the inflation spike that followed have kept mortgage rates stubbornly high, while fresh fears that the Federal Reserve could raise interest rates to contain price pressures have only added to the uncertainty.” (CNN)
